Search Results - isPartOf:"JENA ECONOMIC RESEARCH PAPERS"

Entrepreneurship and cultural creativity

Fritsch, Michael; Rusakova, Alina - 2010

We investigate the relationship between cultural creativity and entrepreneurship in two respects: first, cultural and personal creativity as a characteristic of self-employed individuals; second, selfemployment in professions that can be classified as belonging to the "Creative Class" as...

Persistent link: https://www.econbiz.de/10003931342

Incomplete preferences in choice experiments : a note on avoidable noise and bias in welfare estimates

Kataria, Mitesh; Shogren, Jason F. - 2010

How does a choice experiment (CE) model derived under standard preference axioms perform for respondents with incomplete preferences? Using simulated data, we show how such miss-specification results in unnecessary noise and bias in welfare estimates, and can be avoided. -- Choice experiment ;...

Persistent link: https://www.econbiz.de/10003931382

Sense of control affects investment behavior

King, Li King - 2010

Preference for control affects investment behavior. Participants of laboratory experiments invest different amount of money in a risky asset when face with two different methods of control which have identical payoff structure and probability distribution, but provide different sense of control....

Persistent link: https://www.econbiz.de/10003931390

On the informational loss inherent in approximation procedures : welfare implications and impulse responses

Sienknecht, Sebastian - 2010

This paper shows the inappropriatedness of approximation procedures for welfare rankings across suboptimal policy strategies. On the grounds of a simple general equilibrium model, we find that even commonly accepted techniques are not suitable to achieve accurate welfare orderings. This result...

Persistent link: https://www.econbiz.de/10003931397

Will you accept without knowing what? : a Thuringian newspaper experiment of the Yes-No Game

Güth, Werner; Kirchkamp, Oliver - 2010

Many economic experiments are run in the laboratory with students as participants. In this paper we use a newspaper experiment to learn more about external validity of lab research. Our workhorse is the Yes-No game. Unlike in ultimatum games responders of the Yes-No games do not know the...

Persistent link: https://www.econbiz.de/10003931417

Renewables and innovation : empirical assessment and theoretical considerations

Wangler, Leo - 2010

This study is about structural change in the energy system. In a first step an econometric model is presented and in a second step diffusion of GTs is embedded theoretically. By focusing on different green technology industries (GT sector) in Germany, we analyze how policy induced demand...

Persistent link: https://www.econbiz.de/10003931652

Equity versus efficiency? : Evidence from three-person generosity experiments

Güth, Werner; Pull, Kerstin; Stadler, Manfred; Bäker, … - 2010

JENA ECONOMIC RESEARCH PAPERS # 2010 – 018 Equity versus Efficiency? – Evidence from Three ….jenecon.de ISSN 1864-7057 The JENA ECONOMIC RESEARCH PAPERS is a joint publication of the Friedrich Schiller University and the …a110a105a45a116a117a101a98a105a110a103a101a110a46a100a101 Jena Economic Research Papers 2010 - 018 a73 a73a110a116a114a …

Persistent link: https://www.econbiz.de/10003952438

Is fairness blind? : The effect of framing on preferences for effort-sharing rules

Carlsson, Frederik; Kataria, Mitesh; Lampi, Elina; … - 2010

By using a choice experiment, this paper focuses on citizens' preferences for effort-sharing rules of how carbon abatement should be shared among countries. We find that Swedes do not rank the rule favoring their own country highest. Instead, they prefer the rule where all countries are allowed...

Persistent link: https://www.econbiz.de/10003952444

Reciprocal attention and norm of reciprocity in blogging networks

Gaudeul, Alexia; Peroni, Chiara - 2010

Bloggers devote significant time not only producing content for others to read, watch or listen to, but also paying attention to and engaging in interactions with other bloggers. We hope to throw light not only on the factors that gain bloggers significant readership and lively interactions with...

Persistent link: https://www.econbiz.de/10003952481

Applying quadratic scoring rule transparently in multiple choice settings : a note

Artinger, Florian; Exadaktylos, Filippos; Koppel, Hannes; … - 2010

The quadratic scoring rule (QSR) is often used to guarantee an incentive compatible elicitation of subjective probabilities over events. Experimentalists have regularly not been able to ensure that subjects fully comprehend the consequences of their actions on payoffs given the rules of the...

Persistent link: https://www.econbiz.de/10003952491